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    PostPosted: July 16th, 2018, 4:54 pm 

    Joined: December 23rd, 2014, 5:47 pm
    Posts: 779
    LONDON, March 14 (Xinhua) -- The famous Scottish golf club banned from hosting the prestigious British Open because it refused to admit female members, announced Tuesday it has changed its rules.

    Muirfield golf club near Edinburgh announced it will now admit women as members for the first time in its history.

    The change of rule follows a vote by members at the privately-owned club, which saw 80.2 percent in favor of changing the membership policy.

    Golf's ruling body, the R&A, removed Muirfield as a host venue for the Open Championship after it failed to change its men-only in 2016. The club had required two-thirds of its eligible voters to back admitting women. Muirfield has staged the Open 16 times and last hosted the event in 2013.

    Responding to the vote, the R&A said the ban would be lifted.

    Martin Slumbers, CEO at the R&A said: "It is extremely important for us in staging one of the world's great sporting events that women can become members at all of our host clubs. Muirfield is a truly outstanding Open venue and we very much look forward to taking the championship back therein future."

    Until today women have been allowed to play golf on the course at Muirfield, but they have not been allowed to apply to become members.

    TIRANA, Nov. 22 (Xinhua) -- Albanian economic growth is projected to reach 3.2 percent by the end of 2016 while the growth is expected to expand in the next three years, the World Bank said in its report on Albania released Tuesday.

    According to the World Bank experts, Albanian economic growth is expected to be driven by private investment and a recovery in consumption which they said will be reflected in broad-based job creation and slight decline in poverty.

    Albanian economy continued to expand in 2016, supported by robust private investment and recovering household consumption. Growth rate accelerated to 3 percent in the first quarter of 2016, and is projected to reach 3.2 percent for the full year, WB report said.

    It further said that the fiscal results remained on track in 2016, leading to a decline of the public debt to GDP ratio for the first time since the global crisis.

    On the other hand, the World Bank expects the budget deficit to reach 2.5 percent of GDP in 2016, down from 4.8 percent in 2014, helped by strong revenue performance, current spending restraint and lower capital spending.

    The public debt to GDP ratio is expected to decline to 72.5 percent of GDP in 2016 from 72.7 percent in 2015, in line with the recently approved a new organic budget law that mandates an annual decline in public debt until it reaches 45 percent of GDP, the report cited.

    The experts also said that progress on the structural reforms, stronger economic activity and job creation are expected to continue lifting living standards and gradually reducing poverty in Albania.

    BEIJING adidas yeezy boost 350 v2 , Oct. 19 (Xinhua) -- China's spending on research and development (R&D) accounted for 2.1 percent of GDP in 2016, the Ministry of Science and Technology announced Thursday.

    The spending reached 1.54 trillion yuan (around 233 billion U.S. dollars) last year, with over 78 percent coming from enterprises.

    Based in the south China city of Shenzhen yeezy boost 350 v2 suomi , Chinese drone manufacturer DJI-Innovations (DJI) has pioneered the development of drones with its products gaining 80 percent of the global market share.

    With the addition of innovative enterprises like DJI, the production value of the seven "strategic emerging industries," such as biology and the internet adidas human race kengät , has enjoyed an average annual increase of 17.4 percent in Shenzhen, according to the ministry.

    The scientific and technological progress contribution increased to 56.2 percent in China's economic growth in 2016, the ministry said.

    BEIJING adidas nmd r2 kengät , Nov. 2 (Xinhua) -- China's policy of further opening up the market has boosted foreign investor confidence, while overseas investments of Chinese companies will present new opportunities, according to international law firm Baker McKenzie.

    Paul Rawlinson adidas nmd city sock , global chair of Baker McKenzie, said China has shown continuity in its policy of opening up and encouraging investments overseas.

    "It creates an environment where people see a lot of return for investments," he told Xinhua. "As China seeks to develop a modern economy in a new era adidas nmd xr1 kengät , investors will shift their current focus on energy and mining infrastructure to a wider agenda including high-tech, healthcare and consumer goods."

    "It has been the time when China diversified on a much wider scale now than it used to," he said.

    Stanley Jia adidas nmd r1 kengät , chief representative of Baker McKenzie's Beijing office, said China had hugely improved its manufacturing capability thanks to its opening-up policy, and had "become one of the major manufacturing powerhouse in the world."

    Further opening-up of the market and fewer restrictions for foreign investments in certain sectors will help China enhance its service sector adidas nmd r1 suomi , which is "necessary for the country to become a real economic powerhouse," according to Jia.

    Jia noted that the negative list approach will significantly ease the uncertainties of foreign investors in obtaining approvals, with more transparent procedures and clearer regulations.

    China will roll out a nationwide negative list to further open up to foreign investment. The negative list model adidas ultra boost uncaged suomi , which states sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as 2018.

    On Aug. 16, the State Council issued a document saying that China would make its foreign investment environment "more law-based adidas ultra boost naiset , internationalized and convenient."

    "The country should continue to reduce market access restrictions for foreign capital," the document said.


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